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BHP suffers second defeat over power prices

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A court has refused to grant BHP Billiton leave to appeal against a judgment which forces the group to disclose the prices it pays for electricity at its aluminium operations.

Northam raises R1bn loan for Booysendal

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Northam Platinum has made sure it can fund the construction of its new Booysendal mine to completion by negotiating a R1bn credit facility with Nedbank.

Lonmin hits sales target, boosts earnings

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Lonmin says earnings have risen 59%, despite a strike at its Karee operations that forced it to cut output targets and drove up unit costs.

Lonmin thinking twice about growth plans

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Lonmin says its growth investment strategy is not set in stone, saying it will rethink its target of a 950,000oz production profile if market conditions deteriorate.

Harmony ‘not ready’ to sell PNG assets

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Harmony Gold says it has received a number of proposals from parties interested in acquiring its assets in Papua New Guinea, but it is not ready to sell.

Northam gets R1bn credit facility

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Northam has entered into a R1bn five-year revolving credit facility agreement with Nedbank.

ANC slams Sexwale’s testimony

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The ANC's national disciplinary committee has slammed the testimony provided by Human Settlements Minister Tokyo Sexwale at ANCYL leader Julius Malema's disciplinary hearing.

Codelco says an Anglo suit could last years

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Codelco's looming legal battle with Anglo American may take three to four years to be resolved, says Codelco chief Diego Hernandez.

De Beers, Zim diamond feud gets nasty

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De Beers says it left its operations in Zimbabwe because the deposits did not meet the company’s expectations, but the group is facing lawsuit threats from that government.

SA economy needs coal policy: Manuel

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Trevor Manuel, chairman of the National Planning Commission, has urged development of a coal policy to help speed SA's economy, and said the mineral would remain central to the country's growth.